3rd Feb 2005 11:00
Marks & Spencer Group PLC03 February 2005 Issued: Thursday 3 February 2005 MARKS & SPENCER SELLS MICHAEL HOUSE Marks & Spencer has announced today that it has exchanged contracts with London& Regional Properties to sell its long leasehold property at Michael House,37-67 Baker Street, W1 for a consideration of £115m, equating to its net bookvalue. The proceeds will be used for general corporate purposes. It is expectedthat the sale will be completed within the next three months. Marks & Spencer has been marketing the property since 30 September 2004 viacommercial agents, Jones Lang LaSalle. For further information, please contact:Sue Sadler Corporate Press Office 020 8718 8642 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Marks & Spencer